The Blockchain Group Buys 580 Bitcoins (BTC) to Increase Its Holdings to 620 BTC

The Blockchain Group, a French blockchain company, has made a major move to boost its bitcoin holdings. On March 26, the company announced it bought 580 BTC

French blockchain company The Blockchain Group has made a major move to boost its bitcoin holdings.

According to an announcement on March 26, the company has confirmed the acquisition of 580 BTC for approximately €47.3 million.

This step underscores the company’s strong commitment to the growing cryptocurrency market.

Earlier this year, The Blockchain Group unveiled its strategy to become a Bitcoin Treasury Company, shifting its performance reporting to align with this focus.

To track its bitcoin growth, the company has introduced new metrics: BTC Yield, BTC Gain, and BTC € Gain, aiming to highlight bitcoin-based growth over traditional financial returns.

This approach is in line with MicroStrategy's strategy, which has been praised by Michael Saylor, who also noted the adoption of the same strategy by The Blockchain Group in France.

This strategy measures the success of its bold bitcoin strategy.

"BTC Yield, BTC Gain, and BTC € Gain have arrived in France with @blockchain_group_ applying the strategy we use at @Strategy to measure the success of our bitcoin strategy," said Saylor.

In response, Laizet expressed deep gratitude, praising Saylor's visionary leadership and recognizing the influence of key figures like Dylan LeClair and Gerovich.

"Immense gratitude to @michael_saylor for his leadership & vision. The BTC community in France is attentive to your wisdom. A special thanks to @Lecoin_Durable, @DylanLeClair, and Gerovich for their valuable contributions."

Earlier this year, MicroStrategy announced its strategy to become a Bitcoin Treasury Company, shifting its performance reporting to align with this focus.

This approach is in line with MicroStrategy's strategy, which has been praised by Michael Saylor, who also noted the adoption of the same strategy by The Blockchain Group in France.

"BTC Yield, BTC Gain, and BTC € Gain have arrived in France with @blockchain_group_ applying the strategy we use at @Strategy to measure the success of our bitcoin strategy."

In response, Laizet expressed deep gratitude, praising Saylor's

According to Bernstein analysts, Strategy may soon own over 1 million Bitcoin, amounting to about 5% of the total supply.

The analysts also forecast Bitcoin to reach $200,000 by 2025, $500,000 by 2029, and $1 million by 2033.

This would boost Strategy’s earnings per share from $67.50 to $207.

According to TokenInsight data, Bitcoin (BTC) saw a slight recovery on Thursday, bouncing back to $87,600 after briefly dropping to $85,900 as investors took profits.

Bitcoin is holding steady above the $85,500 mark and could soon break through the $88,000 resistance.

Additionally, Bitcoin ETFs continue to see significant inflows, with $27 million added in the past eight days, reflecting growing institutional confidence in Bitcoin as a long-term investment.

Alankar Saxena, CTO of Mudrex, believes that if Bitcoin reaches $90,000, a breakout could trigger liquidations, pushing the price to new highs.

The next key resistance level is $89,500. Once this level is breached, we can expect to see a rally towards the $92,000-$93,000 range. A breakout above $95,000 could take BTC to the $98,000-$99,000 zone.

According to TokenInsight data, Bitcoin (BTC) saw a slight recovery on Thursday, bouncing back to $87,600 after briefly dropping to $85,900 as investors took profits.

Bitcoin is holding steady above the $85,500 mark and could soon break through the $88,000 resistance.

According to TokenInsight data, Bitcoin (BTC) saw a slight recovery on Thursday, bouncing back to $87,600 after briefly dropping to $85,900 as investors took profits.

Bitcoin is holding steady above the $85,500 mark and could soon break through the $88,000 resistance.

According to TokenInsight data, Bitcoin (BTC) saw a slight recovery on Thursday, bouncing back to $87,600 after briefly dropping to $85,900 as investors took profits.

Bitcoin is holding steady above the $85,500 mark and could soon break through the $88,000 resistance.

According to TokenInsight data, Bitcoin (BTC) saw a slight recovery on Thursday, bouncing back to $87,600 after briefly dropping to $85,900 as investors took profits.

Bitcoin is holding steady